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Future Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

CRUDE OIL Jun 2022 (NYMEX:CL.M22)

Bull Market Weakness (+75) - CL.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CL.M22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CL.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.M22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_CL.M22
Open High Low CL.M22 Price Change
55.34 56.09 55.34 55.47 +0.57
Entry Signal

MarketClub’s Trade Triangles for CL.M22

long term up The long-term trend has been UP since Dec 16th, 2020 at 46.17

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 43.79

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 54.98

Smart Scan Analysis for CL.M22

Based on our trend formula, CL.M22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CL.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.34 56.09 55.34 55.47 +0.57
Prev. Close Volume Bid Ask Time
54.99 2209 2021-03-01 08:46:08
First Delivery2022-06-30Expiration2022-05-20
Open Time18:00Close Time17:00
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